As Saurabh Agrawal, 48, gets ready to join Tata Sons as its CFO from July, he would hardly have any breathing time. Several of the Tata group companies, particularly power and telecom, are in crisis and would need handholding to put their finances back on track. Tata insiders say though the former investment banking head of DSP Merrill Lynch has not been inducted on the Tata Sons board as yet, it would hardly matter as he has an excellent rapport with Tata Sons Chairman N Chandrasekaran.
This is the first time a Group CFO position has been created. Old Tata hand